Borouge, a leading provider of innovative, value creating plastics solutions reinforced its developing position in the Asian petrochemicals market through sponsoring and participating in the 2nd China Petroleum and Chemical International Conference (CPCIC) being held from September 7-9, 2011, in Tianjin, China.
Borouge representatives at 2011 China Petroleum & Chemical International Conference
From left to right:
Larry Xuan, Hub Manager, Shanghai; Sandy Yang, Regional Supply Chain Manager, Asia North; Martti Yrjo Honkala, VP, Supply Chain; Andy Liu, Regional General Manager, Asia North; Maggie Chen, Communications Manager, Asia North; Rohbin Liu, Hub Manager, Nansha
The CPCIC conference, organized by the Tianjin Municipal Government and China Petroleum and Chemical International Forum (CPCIF) under the slogan “The Next Five Years: Building on a Foundation for Sustained Growth”, brought together over 400 high ranking delegates of leaders and decision makers from the petrochemical and chemical industries in China, Middle East and abroad.
Commenting on Borouge’s growing role in Asian markets, Andy Liu, Regional General Manager for Asia North at Borouge, says “Borouge is rapidly investing in China to build up customer focussed services and facilities for the supply of innovative plastics solutions for the infrastructure (pipe systems, and power and communication cables), automotive and advanced packaging markets.”
The plastics industry in China has continuously maintained high-speed growth for the past 30 years, and the Chinese market has become the single largest market for polyethylene and polypropylene with 30 million tonnes consumed in 2010.
To support the fast growing market in China and ensure optimum service levels to its Asian customers, Borouge also established, in 2010, logistics hubs in Shanghai, Guangzhou and Singapore with annual capacities of 600,000, 246,000 and 330,000 respectively. A state-of-the-art compounding plant with an annual capacity of 50,000 tonnes and the potential for expansion to 80,000 t/y was inaugurated in Shanghai. Resins are compounded here specifically for customers in the growing automotive and appliance markets. A second compounding plant is planned for Guangzhou.
In 2010 Borouge tripled the polyolefins manufacturing capacity of its petrochemicals plant in Abu Dhabi, UAE, to 2 million tonnes per year (t/y) and is currently expanding it by 2.5 million t/y to a total annual capacity of 4.5 million tonnes by mid-2014.
Andy Liu added that Borouge is also investing US$ 70 million in a new Innovation Centre in Abu Dhabi. The centre will focus on innovations for compounding as well as innovative plastics solutions for the pipe, automotive and advanced packaging industries in close coordination with Borealis’ Innovation Centres in Austria, and in cooperation and partnership with Borouge’s customers throughout the value chain, ensuring that specific customer requirements are met. The Company has an Application Centre at its compounding plant in Shanghai focusing on innovative solutions for the fast growing automotive and appliances markets.
To reinforce its commitment to the Asian market, Borouge awards annual scholarships to high performing postgraduate and undergraduate students within the field of polymer sciences and engineering. The students, who come from various top universities in China and India, are selected based on their academic performance and some are offered the opportunity to train at a Borouge location thereby obtaining hands-on experience in an innovative and dynamic environment.
The Chinese chemical industry is set to grow with much focus on adding value through Research and Development, and Innovation. The industry also considers the protection of resources and environment, and cooperates with the growing strategic emerging industries to grow locally and globally. This could prove a crucial time for the international chemical community to seize the opportunity to participate in the accelerating growth in China.
On the first day of the conference, the participants visited the Tianjin Chemical Cluster and the China International Petrochemical Investment and Trade Fair in Tianjin (CIPIT). Three forums were arranged during the CPCIC conference related to advanced chemical manufacturing, logistics and value chain management, and analysis of key products and markets.
A joint venture between the Abu Dhabi National Oil Company (ADNOC), one of the world’s major oil and gas companies, and Austria based Borealis, a leading provider of chemical and innovative plastics solutions; Borouge is a groundbreaking international partnership at the forefront of the next generation of plastics innovation.
For further information, please contact:
Craig Halgreen, Vice President, Global Communications, Borouge
Tel. +971 2 6070807, Email: email@example.com
Maggie Chen, Communications Manager, Borouge
Tel. +86 21 6137 6805, Email: firstname.lastname@example.org
Borouge is a leading provider of innovative, value creating plastics solutions. A joint venture between the Abu Dhabi National Oil Company (ADNOC), one of the world’s major oil and gas companies, and Austria based Borealis, a leading provider of chemical and innovative plastics solutions; Borouge is a groundbreaking international partnership at the forefront of the next generation of plastics innovation.
Borouge has its headquarters in the United Arab Emirates and Singapore, employs approximately 1,600 people representing more than 40 nationalities and serves customers in more than 50 countries across the Middle East, Asia-Pacific, Indian sub-continent and Africa.
Building on Borealis’ unique Borstar® technology and experience in polyolefins for more than 50 years, Borouge provides innovative, value creating plastics solutions for the infrastructure (pipe systems, and power and communication cables), automotive and advanced packaging markets.
In 2010 Borouge tripled its annual production capacity in Abu Dhabi to 2 million tonnes and an additional 2.5 million tonnes per year will be introduced by mid-2014 to create the world’s largest integrated polyolefins plant. Borouge is also investing in plants and logistics hubs in Asia and an Innovation Centre in Abu Dhabi. Today Borouge and Borealis have a manufacturing capacity of over 5.4 million tonnes of polyethylene and polypropylene annually. Focused on Value Creation through Innovation they ensure that their customers throughout the value chain, around the world, can always rely on superior products and security of supply.
Borouge is committed to the principles of Responsible Care® and together with Borealis proactively contributes towards addressing the world’s water and sanitation challenges through their Water for the World™ initiative.
Visit www.borouge.com and see how we are Shaping the Future with Plastics.
Learn more about
Borouge at www.borouge.com
Borealis at www.borealisgroup.com
Water for the World at www.waterfortheworld.net